About this home

Welcome to 123 Bucheit St, Sellersburg, IN 47172. Newer construction on one side, a fully renovated original on the other, one Clark County tax parcel holding both. 123 Bucheit St pairs a 957 square foot ranch completed in 2025/2026 (Unit 2) with a fully renovated 1950 ranch (Unit 1) in Sellersburg's Highland Park subdivision, on a single 0.16- acre lot. The two 2-bedroom units total 1,807 square feet and sit at 100 percent occupancy under fixed leases through 11/30/2026 and 4/30/2027, producing $2,585 per month, $31,020 per year in gross rent. Unit 2 adds 1.5 baths, a 1-car attached garage, central air, and luxury vinyl plank flooring. Verified Clark County Treasurer tax records support an estimated 6.7 percent cap rate at the $325,000 asking price, stronger than the estimate-based numbers typical of comparable Southern Indiana small multifamily listings. Silver Creek Schools serve the property, and the SR-60/I-64/I-65 corridor puts tenants minutes from River Ridge Commerce Center and Louisville-area logistics employment. Gambols Property Management will continue managing both units for a new owner, keeping the transition turnkey. One parcel, one closing, two income lines already in place. Contact the listing agent for the complete rent roll and offering memorandum.